News Centre

SIFMA Statement On Successful Completion Of Industry-Wide Business Continuity Test

Date 26/10/2020

SIFMA today issued the following statement from SIFMA president and CEO Kenneth E. Bentsen, Jr. on the successful completion of the industry-wide test:

“On October 24, SIFMA led a successful business continuity test.  This test is a critical exercise which highlights our industry’s ability to operate through a significant emergency using backup sites, recovery facilities and backup communications capabilities across the industry.  The test combined large scale connectivity testing with the annual test program mandated by Regulation SCI."

Proposed Rule Change To Amend The FINRA Codes Of Arbitration Procedure To Increase Arbitrator Chairperson Honoraria And Certain Arbitration Fees

Date 26/10/2020

Please refer to the following for details regarding the proposed rule change to the FINRA Code of Arbitration Procedure for Customer Disputes and the Code of Arbitration Procedure for Industry Disputes to increase arbitrator chairperson honoraria and increase certain filing and hearing session fees.  

• MIAX Options Regulatory Circular 2020-62
• MIAX PEARL Regulatory Circular 2020-51
• MIAX Emerald Regulatory Circular 2020-54
• MIAX PEARL Regulatory Circular 2020-13 

FORTUNE And Refinitiv Encourage Unprecedented Corporate Diversity Disclosure And Accountability Through New Measure Up Partnership

Date 26/10/2020

FORTUNE and Refinitiv today announced a new partnership that aims to make corporate diversity disclosure the new standard of doing business. At the 2020 FORTUNE CEO Initiative meeting, FORTUNE senior editor Ellen McGirt and Refinitiv CEO David Craig discussed FORTUNE’s Measure Up Initiative, powered by Refinitiv’s environmental, social, and corporate governance (ESG) data. Measure Up will help business leaders across industries tackle one of the biggest barriers to a just and equitable society: the continued lack of racial and ethnic diversity in corporate workplaces. FORTUNE and Refinitiv will begin this work by establishing diversity disclosure and accountability as a critical metric for stakeholder-driven businesses, and will disclose their own diversity and inclusion (D&I) data as well.

Socure Unveils Sigma Synthetic Fraud, A New Way To Identify And Combat Synthetic Identity Fraud - Businesses Using Socure’s Sigma Synthetic Fraud Solution Achieve Auto-Capture Rates Over 90% On Synthetic Identity Fraud In The Riskiest 3% Of Users, For Both New And Existing Accounts - Launch Debuts On The First Day Of Money20/20’s MoneyFest Event

Date 26/10/2020

Socure, the leader in Day Zero digital identity verification, today announced the launch of Sigma Synthetic Fraud, its latest addition to the Socure ID+ platform to address the complex and rapidly growing problem of synthetic identity fraud. Synthetic ID fraud, which involves fictitious, created identities that have been cultivated over months and even years, represents the next wave of complex fraud and financial theft online. 

Euronext - Second Dress Rehearsal Guidelines - Oslo Cash 31 October

Date 26/10/2020

Euronext will hold its second Dress Rehearsal for the Oslo Cash Markets on Saturday 31 October 2020. Clients are reminded that participation in at least one of the two Dress Rehearsals for the Oslo Cash migration is mandatory.

Successful Start For Eurex Exchange New Options On Euro-Buxl® Futures

Date 26/10/2020

Just four weeks on the market and Eurex's new Buxl options are already impressing with positive figures: more than 19,000 contracts traded in the first four weeks and a strong liquidity picture in the order book with seven market makers providing prices.

ACER: Energy Bills Continue To Be Very Different Across EU Member States

Date 26/10/2020

The prices consumers pay for their energy increased and continue to be very different across the EU. Compared to 2009, average electricity household prices in 2019 increased significantly, faster than inflation. The existence of regulated prices in some Member States can limit the entry of new suppliers and reduce consumer choice. Such choice will be important to enable consumers to unlock cost savings in their energy bills where possible, particularly when some of the non-contestable aspects (network, taxes, levies) may increase in the future to deliver decarbonisation.

BrokerTec Announces Launch Of Dealer-To-Client Execution Platform For U.S. Repo Markets

Date 26/10/2020

BrokerTec, a leading provider of electronic trading platforms and technology services in fixed income markets, today announced its dealer-to-client request for quote (RFQ) trading platform, BrokerTec Quote, is now available to the U.S. repo market through BrokerTec Americas, LLC.  The addition of U.S. treasury repo to the BrokerTec Quote platform follows its successful launch for European repo, European sovereign debt and UK gilts repo market users in June 2019. 

Net Profit Of The Third Quarter Up 35% To AED 41.1 Million: Dubai Financial Market Company Posts Net Profit Of AED 120.1 Million In The First Nine Months Of 2020

Date 26/10/2020

H.E. Essa Kazim underlining key developments:

• The trading value increased 28% to AED 51 Billion and the General Index maintained its growth for the second consecutive quarter
• Steady growth of trading value during the past three quarters, registering 19%, 30% and 34.5% respectively
• The market attracted 3194 new investors and foreign investors accounted for 51% of trading value and 18% of market capitalization
• DFM’s product offering diversification strategy gains momentum with the listing of ETFs, Equity futures… and REITs on course

FIA Releases Major Clearinghouse Data Initiative: CCP Tracker

Date 26/10/2020

FIA has released the first version of its CCP Tracker, a set of online interactive visualizations that provide insights into the financial resources and risk exposures of derivatives clearinghouses. Clearinghouses play a key role in ensuring the stability of financial markets by acting as a central counterparty and maintaining financial resources necessary to cover losses from a default. The CCP Tracker is the latest addition to the data resources that FIA makes available through its website as part of its commitment to promoting transparency into derivatives markets.